HMRC is handing out fines of up to £360 to households across the UK who failed to meet their self-assessment tax deadline on Friday. Each year, millions of people who are self-employed, made ...

I then received a tax demand from HMRC for the interest accrued in the 2023/24 tax year, even though the bond is not due to mature until later. In my case, it means paying out £1,300 years ...

Provided they've met other criteria, they might be eligible to establish a payment plan with HMRC online. Self-Assessment tax returns must submitted and paid by midnight, January 31. From tomorrow ...

Provided they’ve met other requirements, they could be eligible to set up a payment plan with HMRC online. HMRC has warned more than three million taxpayers are risking getting a £100 fine by ...

As the personal tax allowance freeze holds, 800,000 more people could be facing increased or entirely new tax bills this year just on their savings. Experts at Shawbrook Bank delved into the ...

For the first time, online platforms such as eBay and Vinted must tell HMRC about sales information from people selling 30 items or more or who earned at least £1,700. The authority will assess ...

However, around 12 million people have to sort their own taxes out, by filling in a Self Assessment form for HM Revenue and Customs (HMRC). Contrary to popular belief, this isn't just for self ...

A tax return tells HMRC about income you have received, along with other information about your circumstances, to determine how much tax you owe each tax year. A tax year starts on April 6 and ...

Later in 2021, he moved to Jordan, when he received a tax penalty from HM Revenue and Customs (HMRC) for submitting his return 375 days late. Mr Yaqoobi appealed the fine, arguing that ...

HM Revenue and Customs (HMRC) will never ask for your bank account details, personal information or send you notifications by email or text for: tax rebates refunds personal or payment information If ...